The project aims to extend the existing Iasi-Ungheni pipeline to Chisinau.

The project costs an estimated EUR76.4 million, of which 35% will be covered by Eurotransgaz and the remainder will be covered by other sources.

“We expect the stage of contracting and signing for the works on the seven lots of the gas pipeline to be completed by the end of the year,” said Economy Ministry spokesman Alexandru Macoveiciuc. 

The gas pipeline is expected to be completed in 2019.